Jeff Yass Susquehanna International Group
Jeff Yass is a co-founder of Susquehanna International Group (SIG), a major global trading and market-making firm. SIG is known for options expertise, quantitative trading, and a training culture grounded in probabilistic decision-making. Yass’s firm is influential across derivatives markets even though it is less of a traditional long-only stock-picking franchise.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alphabet (Google) Class C
GOOG
|
+$769M |
| 2 |
Bank of America
BAC
|
+$569M |
| 3 |
Citigroup
C
|
+$440M |
| 4 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$356M |
| 5 |
Amazon
AMZN
|
+$304M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$2.22B |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$483M |
| 3 |
SPDR Gold Trust
GLD
|
+$246M |
| 4 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$233M |
| 5 |
iShares Russell 2000 Growth ETF
IWO
|
+$202M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.44% |
| 2 | Financials | 2.28% |
| 3 | Consumer Discretionary | 1.87% |
| 4 | Communication Services | 1.75% |
| 5 | Energy | 1.56% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $10.1B | 4.69% |
54,154,380
+4,321,320
| +9% | +$793M |
|
|
2
CALL
Apple
AAPL
$4.51T
| $9.98B | 4.63% |
520,760,240
+111,473,320
| +27% | +$2.12B |
|
|
3
PUT
Apple
AAPL
$4.51T
| $7.37B | 3.42% |
384,476,400
-29,095,360
| -7% | -$553M |
|
|
4
CALL
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $4.71B | 2.18% |
25,207,150
+5,608,250
| +29% | +$1.03B |
|
|
5
PUT
Alphabet (Google) Class C
GOOG
$4.18T
| $4.58B | 2.12% |
164,855,210
-15,819,073
| -9% | -$461M |
|
|
6
CALL
Alphabet (Google) Class C
GOOG
$4.18T
| $4.21B | 1.95% |
151,842,618
-17,979,942
| -11% | -$524M |
|
7
PUT
Booking.com
BKNG
$158B
| $2.49B | 1.15% |
52,210,000
+6,332,500
| +14% | +$313M |
|
|
8
CALL
Booking.com
BKNG
$158B
| $2.09B | 0.97% |
43,805,000
+7,815,000
| +22% | +$386M |
|
|
9
Apple
AAPL
$4.51T
| $1.93B | 0.89% |
100,455,740
-116,949,728
| -54% | -$2.22B |
|
10
PUT
iShares Russell 2000 ETF
IWM
$81.9B
| $1.91B | 0.89% |
16,427,700
-12,401,200
| -43% | -$1.43B |
|
11
CALL
Meta Platforms (Facebook)
META
$1.4T
| $1.74B | 0.8% |
28,831,000
-2,933,400
| -9% | -$186M |
|
|
12
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $1.71B | 0.79% |
9,164,325
-2,632,477
| -22% | -$483M |
|
13
PUT
iShares MSCI Emerging Markets ETF
EEM
$30.7B
| $1.48B | 0.69% |
36,148,300
+24,534,700
| +211% | +$963M |
|
|
14
Bank of America
BAC
$431B
| $1.45B | 0.67% |
84,431,971
+33,828,778
| +67% | +$569M |
|
15
PUT
Tesla
TSLA
$1.43T
| $1.41B | 0.65% |
101,685,000
+4,180,500
| +4% | +$56M |
|
16
PUT
Invesco QQQ Trust
QQQ
$486B
| $1.41B | 0.65% |
16,106,200
+862,500
| +6% | +$76.2M |
|
|
17
Alphabet (Google) Class C
GOOG
$4.18T
| $1.41B | 0.65% |
50,822,424
+26,399,222
| +108% | +$769M |
|
|
18
CALL
iShares Russell 2000 ETF
IWM
$81.9B
| $1.38B | 0.64% |
11,837,300
+1,955,300
| +20% | +$226M |
|
|
19
PUT
Meta Platforms (Facebook)
META
$1.4T
| $1.33B | 0.62% |
22,155,000
-8,041,200
| -27% | -$510M |
|
|
20
iShares 20+ Year Treasury Bond ETF
TLT
$45.5B
| $1.32B | 0.61% |
12,106,197
+3,333,413
| +38% | +$356M |
|
|
21
CALL
Tesla
TSLA
$1.43T
| $1.3B | 0.6% |
93,565,500
+23,244,000
| +33% | +$311M |
|
|
22
PUT
Amazon
AMZN
$2.79T
| $1.27B | 0.59% |
75,347,400
+4,918,000
| +7% | +$91.3M |
|
|
23
CALL
Invesco QQQ Trust
QQQ
$486B
| $1.21B | 0.56% |
13,777,900
-1,493,500
| -10% | -$132M |
|
|
24
CALL
Amazon
AMZN
$2.79T
| $1.14B | 0.53% |
68,019,400
-7,702,600
| -10% | -$143M |
|
|
25
iShares Russell 2000 ETF
IWM
$81.9B
| $1.14B | 0.53% |
9,768,963
+1,423,037
| +17% | +$164M |
|
Similar funds
Jeff Yass's Q1 2014 Portfolio in Review
As of Q1 2014, Jeff Yass held 10,124 positions worth $216B, down 0.37% from $217B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Jeff Yass's Q1 2014 filing shows 1,198 new, 3,663 increased, 3,868 reduced and 1,303 closed positions. Its largest new stake was VanEck Junior Gold Miners ETF: 1,956,976 shares worth $70.7M. The largest sale was Apple, an estimated $2.22B.
By sector, the portfolio is most concentrated in Technology at 2.4% of assets, down from 3.6% a quarter earlier, followed by Financials and Consumer Discretionary.
- Jeff Yass's largest Q1 2014 buy was VanEck Junior Gold Miners ETF: 1,956,976 shares worth $70.7M.
- Jeff Yass added most to Alphabet (Google) Class C in Q1 2014, an estimated $769M increase.
- Jeff Yass's biggest Q1 2014 reduction was Apple, cutting an estimated $2.22B.
- Jeff Yass fully exited Vodafone in Q1 2014, selling an estimated $54.1M.
- Jeff Yass's ten largest holdings make up 23% of its $216B portfolio in Q1 2014.
- Jeff Yass opened 1,198 new positions and closed 1,303 in Q1 2014.
- Jeff Yass's portfolio value fell 0.37% quarter-over-quarter to $216B.
Based on Susquehanna International Group's 13F filing for Q1 2014, filed 14 May 2014.